Equinox Gold Reports Continued Exploration Success Along the Musselwhite Mine Trend and Advances New Minotaur Discovery at Valentine

Equinox Gold Corp. (TSX: EQX, NYSE American: EQX) (“Equinox Gold” or the “Company”) is pleased to provide an exploration update from its Canadian operations, highlighting significant drilling results, and underscoring opportunities for mineral resource growth and mine life extension across the Company’s three Canadian gold mines: Musselwhite and Greenstone in Ontario and Valentine in Newfoundland & Labrador. asserted

Equinox Gold’s global exploration programs are currently active across nine projects, with 45 drill rigs operating across Canada, the United States, Mexico and Nicaragua. asserted

The Company has completed approximately 308,000 metres of drilling year-to-date, with 16 rigs operating in Canada, 15 in Mexico and 12 in Nicaragua and two in the United States (increasing to four in the near term). asserted

The 2026 global discovery and mineral resource expansion exploration program is supported by a budget of approximately US$155 million and includes approximately 477,000 metres of planned drilling, focused on mineral resource growth, mine-life extension and the advancement of exploration opportunities across the Company’s operating portfolio. asserted

2026 Canada Highlights: - Musselwhite: Drilling along the mine trend continues to intersect gold mineralization and confirms continuity up to two kilometres beyond current operations, supporting future mineral resource growth and mine-life extension, including: - 22.9 m @ 10.00 grams per tonne gold (“g/t Au”) (Mine extension – PQ Extension Zone “PQE”) - 20.5 m @ 7.31 g/t Au (Mine extension – PQE) - Musselwhite: Drilling along the mine trend continues to intersect gold mineralization and confirms continuity up to two kilometres beyond current operations, supporting future mineral resource growth and mine-life extension, including: - 22.9 m @ 10.00 grams per tonne gold (“g/t Au”) (Mine extension – PQ Extension Zone “PQE”) - 20.5 m @ 7.31 g/t Au (Mine extension – PQE) - Musselwhite: asserted

Drilling along the mine trend continues to intersect gold mineralization and confirms continuity up to two kilometres beyond current operations, supporting future mineral resource growth and mine-life extension, including: - 22.9 m @ 10.00 grams per tonne gold (“g/t Au”) (Mine extension – PQ Extension Zone “PQE”) - 20.5 m @ 7.31 g/t Au (Mine extension – PQE) - Valentine: asserted

Drilling continues to expand mineralization along the mine trend, with potential for mineral resource growth, while advancing the new Minotaur discovery, including: - 99.4 m @ 0.98 g/t Au (Frank Zone) - 27.3 m @ 2.11 g/t Au (Minotaur) - Musselwhite: asserted

Drilling along the mine trend continues to intersect gold mineralization and confirms continuity up to two kilometres beyond current operations, supporting future mineral resource growth and mine-life extension, including: - 22.9 m @ 10.00 grams per tonne gold (“g/t Au”) (Mine extension – PQ Extension Zone “PQE”) - 20.5 m @ 7.31 g/t Au (Mine extension – PQE) - Valentine: asserted

Drilling continues to expand mineralization along the mine trend, with potential for mineral resource growth, while advancing the new Minotaur discovery, including: - 99.4 m @ 0.98 g/t Au (Frank Zone) - 27.3 m @ 2.11 g/t Au (Minotaur) - Greenstone: asserted

The first major exploration program since 2020 started in August, targeting underground extensions and near-pit mineral resource growth. asserted

Initial drill holes have intersected mineralized intervals in targeted horizons, with assays pending. asserted

Jason Simpson, President of Equinox Gold, commented: “Canada is increasingly becoming the foundation of Equinox Gold’s production and organic growth strategy, with greater than 60% of 2026 gold production from Canadian operations. asserted

With three long-life operating mines, significant processing capacity and large, highly prospective, and underexplored land packages, we see substantial opportunity to grow production from assets and infrastructure we already own. asserted

“At Musselwhite, drilling continues to demonstrate high-grade mineralization along the mine trend, up to two kilometres beyond current operations and around the existing mine. asserted

Valentine continues to deliver new discoveries and opportunities to grow open-pit mineral resources in what is now being recognized as a new gold district. asserted

Greenstone, Equinox Gold’s largest gold production centre, has significant underground and untapped regional exploration potential. asserted

We believe our current mine plans capture only part of the long-term growth potential across our Canadian portfolio. asserted

A LARGE-SCALE CANADIAN GOLD PLATFORM WITH SIGNIFICANT ORGANIC GROWTH POTENTIAL Equinox Gold’s Canadian operations provide a substantial base of existing production complemented by multiple avenues for organic growth. asserted

The addition of Musselwhite provides a third established Canadian production centre and an additional platform for mineral reserve replacement, mineral resource growth and production optimization. asserted

Across the Canadian portfolio, the Company is advancing three complementary exploration programs, with the objectives to: - Musselwhite: Extend the mine trend, grow and convert high-grade underground mineral resources and identify additional mill feed to maximize utilization of existing processing infrastructure; - Musselwhite: Extend the mine trend, grow and convert high-grade underground mineral resources and identify additional mill feed to maximize utilization of existing processing infrastructure; - Valentine: Grow mineral resources along the 32-kilometre Valentine Lake Shear Zone and emerging targets while advancing the planned Phase 2 expansion that doubles mill throughput to approximately 5.0 million tonnes per year; and asserted

- Greenstone: Convert higher-grade underground and satellite mineral resources, extend mine life through regional deposits and optimize throughput beyond the current 27,000-tonne-per-day nameplate capacity. At Musselwhite, drilling results received through the end of July 2026 will be incorporated into a year-end mineral reserve and mineral resource update expected in Q1 2027. asserted

The update will include new mineral resources at PQE. asserted

Ongoing drilling continues to demonstrate the potential for additional mineral resource growth and future conversion opportunities along the trend through 2027 and 2028. asserted

At Valentine, drilling data through July 2026 will be included in the year-end mineral resource and mineral reserve update. asserted

At Greenstone, recently started drilling focused on mineral resource growth at depth is targeted to be included in a mineral resource and mineral reserve update at year-end 2027. asserted

MUSSELWHITE – EXTENDING A PROVEN HIGH-GRADE GOLD SYSTEM SHOWING SIGNIFICANT UPSIDE Musselwhite is a high-grade underground gold mine in Northwestern Ontario that has produced more than six million ounces of gold over nearly 30 years of operation. asserted

Exploration at Musselwhite is currently advancing through three parallel programs. asserted

The underground drill program is targeting mineral resource and mineral reserve growth and conversion within the Lynx, PQ, West Limb and Redwings zones. asserted

The deep directional surface drill program is testing the down-plunge extension of the mine trend, with results demonstrating the continuity of mineralization approximately two kilometres beyond current operations. asserted

The near-mine surface drill program is evaluating additional targets within the broader mine corridor, with the objective of identifying new sources of mill feed and further extending the mine life. asserted

The current underground drilling program continues to deliver multiple significant high-grade intersections across all priority areas, including the Lynx, PQ, West Limb and Redwings zones. asserted

A total of 36,315 metres has been drilled year-to-date in 2026. asserted

The deep directional surface drilling program is testing the northwest down-plunge extension of the mine trend. asserted

The program has demonstrated exceptional continuity of mineralization and confirmed the continuity of two stacked mineralized zones, interpreted as the Lynx and PQE zones, with mineralization remaining open down plunge and both up and down dip on section (see Orla Mining news release dated April 9, 2026). asserted

A total of 15,230 metres has been drilled in 2026. asserted

New 2026 Highlights include: Underground: - 9.2 m @ 16.96 g/t Au (Lynx, 26-LNX-056) - 9.2 m @ 12.39 g/t Au (PQE, 26-PQE-007) - 1.0 m @ 471.00 g/t Au (PQE, 26-PQE-054) - 13.2 m @ 9.55 g/t Au (Redwings, 26-RDW-007) Mine Trend Extension: - 22.9 m @ 10.00 g/t Au (26-NSD01-008W) - Including: - 0.6 m @ 37.10 g/t Au - 0.7 m @ 21.19 g/t Au - 0.5 m @ 23.74 g/t Au - 1.4 m @ 43.07 g/t Au - 22.9 m @ 10.00 g/t Au (26-NSD01-008W) - Including: - 0.6 m @ 37.10 g/t Au - 0.7 m @ 21.19 g/t Au - 0.5 m @ 23.74 g/t Au - 1.4 m @ 43.07 g/t Au - 22.9 m @ 10.00 g/t Au (26-NSD01-008W) - Including: - 0.6 m @ 37.10 g/t Au - 0.7 m @ 21.19 g/t Au - 0.5 m @ 23.74 g/t Au - 1.4 m @ 43.07 g/t Au - Including: - 12.4 m @ 5.77 g/t Au (26-NSD01-006W) - Including 3.2 m @ 16.25 g/t Au - 22.9 m @ 10.00 g/t Au (26-NSD01-008W) - Including: - 0.6 m @ 37.10 g/t Au - 0.7 m @ 21.19 g/t Au - 0.5 m @ 23.74 g/t Au - 1.4 m @ 43.07 g/t Au - Including: - 12.4 m @ 5.77 g/t Au (26-NSD01-006W) - Including 3.2 m @ 16.25 g/t Au - 0.9 m @ 288.74 g/t Au (26-NSD02-008W) - 20.5 m @ 7.31 g/t Au (26-NSD02-009W) - Including 1.2 m @ 21.07 g/t Au - 22.9 m @ 10.00 g/t Au (26-NSD01-008W) - Including: - 0.6 m @ 37.10 g/t Au - 0.7 m @ 21.19 g/t Au - 0.5 m @ 23.74 g/t Au - 1.4 m @ 43.07 g/t Au - Including: - 12.4 m @ 5.77 g/t Au (26-NSD01-006W) - Including 3.2 m @ 16.25 g/t Au - 0.9 m @ 288.74 g/t Au (26-NSD02-008W) - 20.5 m @ 7.31 g/t Au (26-NSD02-009W) - Including 1.2 m @ 21.07 g/t Au The combination of high-grade underground results and successful deep directional drilling increases Equinox Gold’s confidence in the opportunity to expand mineral resources and mineral reserves and extend the mine life. asserted

The near-mine surface drill program was completed in September, with 7,940 metres drilled in 2026. asserted

New shallow mineralization was intersected at Camp Bay and along the Musselwhite 4 km South-East Trend targets, including 18.9 m @ 2.94 g/t Au (26-CMP-015) and 0.7 m @ 42.22 g/t Au (26-KAZ-002). asserted

The 2026 drilling results, combined with a global review and re-modelling of historical near-mine drilling data, have significantly improved the understanding of the near-mine mineral endowment and identified priority mineralized trends for potential testing in 2027. asserted

Further work is planned to test the potential for satellite mineralization near existing mine infrastructure, within approximately 10 kilometres of the mill. asserted